1284 ROYAL OAKS CV, Memphis, TN 38116 (MLS # 10225834)
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Professionally managed investment opportunity generating immediate cash flow! This tenant-occupied property is ideal for out-of-state investors seeking a stable, low-maintenance asset in the Memphis market. The home is currently leased at $1,200 per month, with the rent increasing to $1,250 beginning January 2027, and the existing lease runs through January 21, 2028, providing reliable income and minimizing vacancy risk. With professional property management already in place, a long-term tenant, and built-in rental growth, this is an excellent opportunity to add a cash-flowing asset to your portfolio with a seamless ownership transition. Please do not disturb the residents.
| DAYS ON MARKET | 2 | LAST UPDATED | 7/10/2026 |
|---|---|---|---|
| TRACT | THE HILLS | YEAR BUILT | 1973 |
| COMMUNITY | Whitehaven/Graceland | COUNTY | Shelby |
| STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Whitehaven/Graceland |
| CONSTRUCTION | Brick Veneer |
| FIREPLACE | Yes |
| HEAT | Central |
| LOT | 3049 sq ft |
| LOT DESCRIPTION | Level |
| PARKING | Driveway |
| POOL DESCRIPTION | None |
| STORIES | 2 |
| STYLE | Traditional |
| SUBDIVISION | THE HILLS |
| TAXES | 1527 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with CB Properties of Memphis, LLC
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